Looking to diversify beyond TISBX? The mutual funds below have the lowest correlation with TISBX — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from TISBX.
Best Diversifiers for TISBX
4 mutual funds have low correlation with TISBX (below 0.3), 0 of which are negatively correlated. The least correlated is TIAA-CREF Short Term Bond Fund (TISIX) (Short-Term Bond) with a 1Y correlation of 0.20, roughly unchanged from 0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| TIAA-CREF Short Term Bond Fund | 0.20 | 0.15 | 0.14 | 81 | Short-Term Bond | TISBX vs TISIX | |
| TIAA-CREF Short-Term Bond Index Fund | 0.20 | 0.11 | 0.07 | 68 | Short-Term Bond | TISBX vs TNSHX | |
| TIAA-CREF 5-15 Year Laddered Tax-Exempt Bond Fund | 0.21 | 0.15 | 0.11 | 66 | Municipal Bonds | TISBX vs TITIX | |
| TIAA-CREF Short Duration Impact Bond Fund | 0.23 | 0.17 | 0.11 | 86 | Short-Term Bond | TISBX vs TSDJX | |
| Federated Hermes MDT Small Cap Core Fund | 0.34 | 0.65 | 0.81 | 57 | Small Cap Blend Equities | TISBX vs QISCX |
See all 166 diversifiers for TISBX
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